Virginia Beach EB-5 Regional Center
The EB5 Affiliate Network (EB5AN) regional center in Virginia has geographic coverage of the city of Virginia Beach, including Point O’Woods, Towne Square, and all other neighborhoods.
Contact us today to learn more about becoming a business affiliate of EB5AN for your EB-5 project in Virginia Beach.
Why affiliate your EB-5 project in Virginia Beach with the EB5AN State of Virginia EB-5 regional center?
Affiliating with our EB-5 regional center allows you to…
1. Immediately raise EB-5 capital for your project in Virginia Beach.
If you have an EB-5 project in Virginia Beach, affiliating with EB5AN will enable you to immediately raise EB-5 investment funds anywhere within Virginia Beach, since our EB5AN State of Virginia regional center covers the entire state of Virginia. EB5AN has received official approval from U.S. Citizenship and Immigration Services (USCIS) for numerous Immigrant Investor Regional Centers, all of which are listed on the USCIS website.
2. Use indirect job creation to meet the EB-5 investment requirement of 10 jobs per EB-5 investor.
EB-5 projects that affiliate with any of our regional centers can count both direct and indirect job creation, leading to higher job creation figures and allowing project developers to raise significantly more EB-5 capital. EB-5 projects that do not affiliate with a regional center can rely only on actual payroll employees, who must be employed for at least 24 months.
3. Begin raising EB-5 investment capital immediately for your project in Virginia Beach upon affiliation with our EB5AN State of Virginia regional center.
If you want to begin raising EB-5 capital for your project immediately, our experienced team can quickly complete the EB-5 regional center affiliation process. We will work with you to determine (i) how many EB-5 eligible jobs your project creates, (ii) how much EB-5 capital your project can support, and (iii) if your project meets our criteria to affiliate with our Virginia Beach regional center.
We will complete your I-924 application in only three weeks to create your Virginia Beach EB-5 regional center.
The key to successfully completing an I-924 application for the formation of a new EB-5 regional center is understanding its many legal, economic, and business components. EB5AN has an extensive track record and the necessary resources to skillfully handle all requirements of an I-924 application, and our I-924 experience means we understand the application’s key components and common pitfalls, as well as the USCIS adjudication process. With regional center coverage in over 20 states, EB5AN has completed more than 300 USCIS-compliant business plans and economic impact studies.
Contact us to learn how we can get your EB-5 regional center application completed quickly—we will respond within 24 hours.
Does Virginia Beach qualify as a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Virginia Beach and other cities, it is important to understand both the benefits of and the USCIS process for TEA designation. To determine whether your EB-5 project location falls within a TEA, please consult our free EB-5 TEA map, which includes data for the entire United States. All you need to do is to enter the project address—the rest of the process is automated.
The EB5AN TEA map relies on the most recently published versions of two data sets, namely American Community Survey (ACS) five-year data and Bureau of Labor Statistics (BLS) data. It assesses TEA eligibility based on four calculation methodologies USCIS accepts—three related to calculating unemployment rates and one related to qualification as a rural TEA. Unemployment rates are calculated using (1) American Community Survey (ACS) five-year unemployment data by census tract, (2) the census-share methodology, which is based on a combination of ACS data and county-level BLS data, and (3) BLS county-level data for TEA determination on a county-wide level. To determine rural qualification, population and geographical data are considered. To qualify as a TEA, a project site needs to qualify under only one calculation method.
A TEA can also be created by combining directly adjacent census tracts and considering the weighted average unemployment rate. The EB5AN TEA map performs this function automatically.
If you confirm that your EB-5 regional center is located in a TEA in Virginia Beach, you can also use the EB5AN TEA map to instantly download a free TEA Qualification Report that shows all the data and calculations that support TEA qualification for your project location. Should you have any questions or concerns, don’t hesitate to contact the EB5AN team by phone at 1-800-288-9138 or via e-mail at info@eb5an.com. We promise to respond within 24 hours.
The city of Virginia Beach and its economic climate are vibrant.
Virginia Beach is an attractive destination for visitors, university students, and investors. Well-known landmarks, such as the Virginia Aquarium & Marine Science Center, attract tourists to the city, and ECPI University and Regent University draw students from across the United States and around the world. In addition, Virginia Beach has endorsed the EB-5 Regional Center Program as a great opportunity for the U.S. economy and for foreign investors looking to immigrate to the United States.
Our EB5AN State of Virginia EB-5 regional center covers the Resort City. Through our EB5AN State of Virginia EB-5 regional center, qualified foreign investors who seek permanent resident status in the United States can invest in a USCIS-approved EB-5 regional center with geographic coverage of Virginia Beach, including the surrounding areas of Poquoson, East Beach, and Great Neck.
Virginia population breakdown and income demographics
The city of Virginia Beach covers an area of 497.0 square miles, with a population of 452,602 and a population density of 1,850 people per square mile. It is the 617th-most densely populated city in the United States.
Given Virginia Beach’s large population, affiliating with a USCIS-approved EB5AN regional center for your EB-5 project would create measurable benefits in your community. You would create full-time jobs, thereby reducing the number of unemployed people in Virginia Beach.
Contact us today to learn more about becoming a business affiliate of a USCIS-approved EB5AN regional center or to create your own USCIS-approved EB-5 regional center. Call 1-800-288-9138 or e-mail info@eb5an.com.